Each market is created, using an automated market maker, and all transactions are processed along the chain for complete transparency. Unlimited rewards that are instantly distributed.
Contents:
Description of the PlotX project
PlotX — a non-storage prediction protocol that allows users to be rewarded in the highly profitable prediction markets.
Other features:
|
Automated market creation |
New markets help to provide provably fair and decentralized market creation algorithmically. |
| Focused on crypto markets | PlotX focuses on crypto asset price forecasting. |
|
Instant rewards |
Instant settlement rewards on the chain, without any middleman. |
|
Extraction of liquidity |
Earn additional rewards for participation and bets. |
PlotX takes a pragmatic approach to forecasting where the results can settle with mathematical equations, based on the decentralized price channels of any asset.
PlotX aims to build a DeFi prediction protocol that is native to crypto message, with the next key parameters:
- forecasts for digital assets such as BTC, ETH;
- creating a market along the chain, using the smart contracts, as opposed to creating a market through people;
- chain price for position calculation and instant buy, instead of creating books with a low liquidity.
Inspiring Uniswap, markets appear, using an automated market maker. AMM takes technical analysis and sentiment analysis into account to calculate options, making it an immersive experience for users.
Additional information
There is a White Paper on the site, with which you can study the rules for using the project, as well as the main features. Developers maintain a blog on the Medium platform where articles are published. Subscribe to the community on other social networks:
Markets target crypto pairs such as BTC, ETH, YFI, etc. and are automatically created at 1 hour, 1 day and 1 week intervals. The smart contract doesn’t have an audit.